'The lower level of anticipated sales to Stryker in 2008 is clearly disappointing but we, as does Stryker, remain confident that the potential for Cormet in the world's largest orthopaedic market is substantial.'

This was 600p at one stage, started falling and then after the above statement. I recall that a broker downgraded target price to 300p.

Cheap at 160p?

level 2 looks weak, this looks like it will fall further and nothing positive for the remainder of 2008 from the results released, back down to 100p?

42% fall on news that US orthapedic sales are unlikely to materialise in the financial year. (despite favourable exchange-rates)
+Also some mention similar in UK.
This looks a tad careless to be in a business that is so product-dependent - What's most likley is that a competitor has a better product - anyone?
Currently 78p to buy...

And so it keeps on falling difficult to put a value on.

ZERO comes to mind!

I was going to say exactly the same thing.

However, we shouldn't upset existing shareholders you know.

why not?

Because they might start picking on the companies I've got where the sp has collapsed!

tell me, tell me ...... i need another target - lol!

shut up or I shall start talking about TAN to you!

;-)

don't care! ..... don't hold it any more

Though you bought at just over the quid mark.

When did you shift it?

after my bollocks were put in a vice!

lol

Confess I got in after the results at 10p hoping for a quick in-and-out and failed rather pathetically. Got well shafted by the MM's.

Take a look a PHTM its a winner.

so was Foinavon - lol!
not in the mood for buying, though at least PHTM has an acceptable spread.
no news to give a clue as to surge, but of course very small cap so always a hostage to any volume

Its a funny stock but in the past its 10 bagged in 12 months its that kind of stock..

Corin on the otherhand is overvalued.

Investors Chronic has told readers to Sell this Friday .

how much is a Friday fetching nowadays?

Less than Thursday.